The Home Refinancing Plan Banks Don't Want You Knowing


The Home Refinancing Plan Banks Don't Want You Knowing
When homeowners visit Refinance Comparisons official website, they may be surprised to find out they qualify for a program that has the banks on edge.
There has never been a better time to refinance your home. That's because of a little-known government program called the Home Affordable Refinance Plan® (HARP). This allows Americans to refinance their homes at shockingly low rates, and reduce their payments by an average of $3,500 a year.
But here's the catch - like most government programs, this is likely temporary. Currently the program is set to expire in September 2017. But the good news is, once you're in, you're in. If the thought of a lower payment or fewer years on your mortgage sounds appealing, the time to act is right now.
Quick Version: Smart homeowners are using a free government program to save as much as $3,500 a year on mortgages. There’s absolutely NO COST to see if you qualify. Click here instantly to see if you qualify.

It's like a true middle-class stimulus package

This is unknown to many, but if your mortgage is $625,500 or less (unless you live in a high-cost area then the loan limits may be higher), you most likely qualify. Basically, the Government wants banks to cut your rates, which puts more money in your pocket (which is good for the economy). However, the banks aren't too happy about this - here's why: 
  1. You can shop several lenders, not just your current mortgage holder
  2. Your home's Loan-to-value (LTV) can be 80% to 125%
You think banks like the above? Rest assured, they do not. They'd rather keep you at the higher rate you financed at years ago. That's why the pressure is on time-wise. The Middle Class seems to miss out on everything (did you ride the last stock bubble? Probably not). Thus, it's almost a no-brainer to jump on this now. You need to act fast in order to refinance your house at these current low refinance rates. You can greatly benefit: 
  • The average monthly savings for most eligible Americans is $291. Can you use an extra $291 a month?
  • Many homeowners not only save every month, but depending on their current rates, they can also shorten their term.

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